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Small Business Owners Ask: Am I Paying My Employees The Right Salary?
By Rieva Lesonsky Survey after survey of small business owners indicates that attracting and keeping employees is one of the biggest challenges today. And with the unemployment rate still low, that problem is not likely to go away soon. A few months ago we noted that, according to a survey from Kelton Global, commissio
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Lump Sum or Not: What’s the Best Way to Invest Your Year-End Bonus?
Many corporate executives recently received their 2020 performance bonus. Others, especially at many large companies, will get them over the coming weeks. While the downturn in last year’s economy may have cut into these annual awards for some, others will receive tens, perhaps hundreds of thousands of dollars. So, whe
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Are Student Loans The Next Mortgage Crisis?
This watchdog thinks that student loans are the next mortgage crisis. Here’s what you need to know. Student Loans: Watchdog Mike Calhoun, who runs the nonprofit Center for Responsible Lending, sees many similarities between the 2007-2008 mortgage crisis and today’s student loans. The latest student loan debt statistics
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You Can Contribute More to an HSA in 2021. Here's Why You Should.
Health savings accounts (HSAs) are one of the most valuable tax-advantaged investments, but they're often overlooked. HSAs aren't open to everyone; you need a qualifying high-deductible health plan to be eligible. But if you qualify, there's some good news: The amount you can invest in your account is going up next yea
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Five Steps To Win The Hearts And Minds Of Employees
The ultimate talent management framework delivers great business outcomes and an outstanding employee experience. There’s a reason they call it a war for talent. And it’s not always the organizations offering the best pay and perks who win the battles. The relationship between employees and employers is changing. Where
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4 reasons it will take more than a year for the US to get back to full employment, according to Fitch
The US won't return to full employment until the fourth quarter of 2022, Fitch Ratings said Wednesday. Matching workers' skills with new jobs will take time, as will a rebound in workforce participation. Some workers - particularly older Americans - are likely permanently discouraged from work, Fitch added. See more st
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7 Sources of Retirement Income You Probably Haven't Considered Yet
There are some things you should do well before you retire, and an important one is this: Figure out your sources of retirement income. After all,
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Coming Out of Retirement in 2026? 2 Ways This Could Affect Your Social Security Benefits
Early Social Security claimers could lose some or all of their checks to the earnings test.
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Teaching Kids About Money: 5 Concepts to Know
When it comes to kids, money habits are ingrained by the age of seven?1 In fact, you can start introducing money concepts to kids as young as three years old. Remember, though, that even as you introduce money topics early, lessons need to be age appropriate. And, parents with older kids, don’t despair – habits can be
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Gearing Up to Be a First-Time Dad? 3 Money Moves to Make
Becoming a dad is exciting. And you may be counting down the days until your little bundle of joy makes their entrance into the world.